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Saturday, July 26, 2025 at 2:16 AM
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Use your tax refund wisely

[dropcap]It[/dropcap]’s tax time again – which for many Americans means that a tax refund is on its way. If you’re going to get a refund this year, how can you use the money to your best advantage?

Of course, it’s always tempting to spend the check from Uncle Sam on something fun. But a tax refund could be sizable – the average amount in 2016 was $2,857, according to the IRS – so putting this money to work could help boost your progress toward your financial goals.

Here are some possibilities for using your refund:

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